$NIO TOP 20 - SAVE THIS -

$NIO chart for the next few months.

The height retracement of Wave 1 and Wave 2 is used to find Wave 3.

So if Wave 2 is in when the price hit $7.93 twice on the 25th of Sept,  then we use the Fib extension from the Top of Wave 1 and the bottom of Wave 2 to find the projected level for Wave 3. Wave 3 target is always put at the 1.618 FIB.

This is on every chart I have made with an impulse wave, I do this on just about every chart I make, I have been doing this in this group every day for the last year and it is the very basics of Elliott Wave Theory.

Wave 3 always goes to the 1.618 Fib - If you take anything today, this is all you need to remember.

So, Wave 3 at the 1.618 Fib is at $22.84 and we know that Wave 5 completes higher than Wave 3.

I hope everyone is following this so far.

So Wave 5 aims for the 2 - 2.27 Fib in normal circumstances....it can go as high as the 2.618, 3.618 or 4.618....which are a lot higher than what I have put Wave 5 at, it all depends how the masses get carried away when they start chasing this in Wave 5 and then will.

So that is it, this is the plan, so no more questions about 'is the EOY target still the same?'

I think it is clear that if the plan had changed, I would make this known. The impulse wave only becomes invalid if there is a new low below $7 and YES THIS IS ENTIRELY POSSIBLE, I do not work for $NIO, charts are made depending on the companies performance, if they are not delivering, then the charts will break down and become invalid, charts do not control the company.

I will not be answering these questions again and I will not let this group be taking over by $NIO holders who just want to sell the moment this starts moving up.

We are a long term investor group, if you are not here for this, then you can save this chart and you do not need to keep paying a subscription each month and taking up my time and everyone else's time.

Just to be clear, I do not care if the price hits $28.84 on the 1st of Jan 2024, if it takes a few more weeks after that, great, all I care about is if $NIO is following an impulse wave.

I projected $NIO hitting the buy zone months before it happened

I projected $NIO bouncing aggressively after hitting the buy zone (120% bounce)

I projected $NIO would hit $30 months before $NIO even went into the buy zone.

I believe we are in an impulse wave now.

If this is not your plan to follow, that is fine.